Stock Market

United Capital Plc said it has launched the United Capital Infrastructure Fund, a Naira-denominated fund established to provide long term financing for…

This week, the local bourse sustained gains on all trading sessions, save Monday due to bargain hunting activities. Accordingly, the benchmark index…

Today, buying interest in BUACEMENT (+6.1%), MTNN (+1.2%), and AIRTELAF (+1.3%) sustained bullish performance spurring a 1.1% appreciation in the All-Share index…

Fidelity Bank Plc (the “Bank”) notified the public of its intention to raise capital from the international debt capital market via the…

Today, the local bourse opened the week on a bearish note on the back of profit taking in MTNN (-2.9%), NESTLE (-5.1%), and FBNH (-7.5%). Accordingly, the…

Investor sentiment, as measured by market breadth, weakened to 1.5x from 2.2x as 21 stocks gained against 14 declining stocks Afrinvest said in a note to…

In the disclosure, Final Dividend of N0.46k per 50k ordinary share will now be paid on 27th October 2021 (Previously; 20th October 2021). Also,…

Nigerian Exchange Group (NGX Group) Plc is set to list its shares on the Nigerian Exchange (NGX) Limited at an indicative price…

FBN Holdings Plc (FBNH) emerged the most traded stock by volume on the Nigerian Exchange Ltd. Specifically, the company accounted for 605.01…

Today, the All-Share Index rose 16bps to 40,829.15 points due to buying interest in FBNH (+3.1%), WAPCO (+1.5%), and UBA (+1.9%). Accordingly, YTD return strengthened to 1.4%…

Today, the the All-Share Index rose 12bps to 40,765.20 points due to bargain hunting in FBNH (+7.8%), NNFM (+6.5%), and UACN (+2.4%). Accordingly, YTD return strengthened to…

Today, the the All-Share Index rose 1.2% to 40,716.66 points due to buying interest in AIRTELAF (+6.3%), FBNH (+9.8%), and ZENITH (+1.7%). Notably, YTD return swung to…

Airtel Africa said that its subsidiary Airtel Networks Limited (Airtel Nigeria), has initiated a process through which it seeks to buy back the 8.27%…

The local bourse reversed the losses recorded since the beginning of the week, as buying interest in NESTLE (+6.4%), DANGCEM (+6.5%), and…

The domestic equities market began the week in red, driven by profit-taking in BUACEMENT (-2.9%), GTCO (-0.5%), and ZENITH (-0.2%), as the All-Share Index declined 25bps to 38,864.33 points.…